2019 (3) TMI 2083

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..... CIT DR Shri G.S. Phani Kishore, CIT DR. ORDER PER BENCH: The present appeals have been preferred by the Revenue against the separate orders of the Commissioner of Income Tax-2, Chandigarh dated 12.09.2018. 2. The sole issue involved in both the appeals is relating to the action of the CIT (A) in deleting the additions made by the Assessing officer by invoking of the provisions of section 145A .....

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..... k then the value of excise duty has also to be included in the opening stock and in that event there would be no difference in the result of the value of the opening stock and closing stock. Reliance in this respect is placed on the decision of the Delhi High Court in the case of 'Purolator India Ltd.' (supra) and of the Allahabad High Court in the case of 'CIT Vs. Sangam Structurals Ltd.' (2013) .....

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